Chapter 190 Under investigation

Hu Yang still remembers that many people carried two phones in their pockets, one mobile phone and one PHS.

He didn't know if the mobile phone was used to show off. But the PHS was definitely used for making daily calls and answering calls. Otherwise, the cost was low. The communication fee was 20 cents per minute, and it was free to answer calls.

It was a decent price back then.

Therefore, the goal set by Hu Yang and Chen Jialin is to gradually transform Nishite Technology into the production of communication terminal equipment, such as PHS and mobile phones.

As for the OEM of VCD machines, Nishite Technology can continue to do so, but in the future, its proportion in the company's overall business will become smaller and smaller until it disappears completely.

"Brother Hu, you are really lucky when you are not busy. I have been working so hard all year round, but I am not as good as you making in these few months." Chen Jialin was very upset when he talked about hoarding core components of VCD at the end of last year. "I

I don’t have that much capital, and my father refuses to believe me. Oh, I wasted such a good opportunity to make a lot of money.”

The popular scene of VCD machines around the "two festivals" can be said to be a rare sight in a century. No one could have expected the shortage of its core components and the skyrocketing prices, but it happened that Populus euphratica accurately predicted it.

This incident made Chen Jialin admire Hu Yang.

"Hey, this is all luck. You can only come by chance. Mr. Chen, how can you say that I am not busy? It makes me idle all day. Let me tell you, Xite Electrician will hold a board meeting soon to discuss

Profit distribution plan for the previous year and

Financing plan. Similarly, I have to attend the board meetings of Xijiang Hezhong and Shengyi Electronics, right? In addition, Xintong International’s factory in Shanghai is about to be put into operation, so I have to go and take a look, right? It makes me dizzy just talking about it.

It’s so big, I’m so busy.”

Zhang Rulin is worthy of being a "factory construction master". Xintong (International)'s factory in Shanghai was completed before the New Year and then underwent trial operation. The situation was good and it is about to be officially put into production.

Hu Yang plans to go to the Magic City recently so that he can witness this historical moment with his own eyes.

As for the several board meetings, they were all trivial matters and nothing more than a formality.

Seeing Populus euphratica's pretentious attitude, Chen Jialin was envious and angry at the same time. He had no choice but to ask someone to make investments. Those of us who are doing business down-to-earth are just the mazi who work for other people's capital.

Just when he was about to say something bad to Hu Yang, Chen Jialin's phone rang. He answered it for five minutes, but when he sat down again, his face didn't look good.

"What? Is something wrong?"

Hu Yang found it strange that Young Master Chen had always been an optimist, and it was rare to see such an expression on his face.

"Do you know about the VCD Alliance? They recently held a meeting in Yangcheng. On the one hand, they called for an end to all kinds of chaos in the VCD industry as soon as possible. On the other hand, they actually targeted us. They said that Nishite Technology and

Huijia Holdings took advantage of the shortage of core components to hoard a large amount of goods and drive up prices, which is the main culprit of this wave of industry turmoil.

Now, the VCD Alliance is calling on their internal members to refuse to find OEM products from Hard Rock Technology. At the same time, they have complained to the relevant departments that we engage in unfair competition, join forces with foreign manufacturers, and suppress domestic brands..."

As soon as Chen Jialin opened his mouth, Hu Yang knew that this matter was not that simple.

Of course he knows about the VCD Alliance. Its members include many manufacturers including Aiduo Electronics and Xiangqi Electronics, which owns the "Boba" brand. It is somewhat similar to an industry self-discipline association. Although it has no administrative power, it has the right to speak in the entire industry.

But very heavy.

"The hell are the villains complaining first? The price increase at the beginning of the year was set by Philips and Sony, right? Why are we all blamed? Hey, hey, he didn't dare to offend the industry giants, but he took it out on us. This

They specialize in picking out soft persimmons."

Hu Yang couldn't help but complain a few times, but he couldn't ignore this issue.

"Mr. Chen, you are also a large taxpayer in Shenhai. If you have any difficulties, of course you have to go to them. In this way, when you go back, you can go to the relevant departments and tell them that the inventory in your hand is to prepare for the two-day market. It just so happens that the price

If prices go up, you can’t sell them at a loss. Don’t worry, Nishite Technology is a OEM company, so it’s normal to have some spare core components on hand.”

It will not be easy for these people to catch the little braid of Nushi Technology. It is estimated that in the end the fire will be concentrated on Huijia Holdings.

Chen Jialin nodded, glanced at Populus euphratica a little worriedly, and said, "What about your side?"

"You don't have to worry about me here. Just make sure that nothing happens to Nushi Technology. Mr. Chen, we can't take this matter lightly. I won't keep you here today. You go back and find a way. By the way, who revealed this news to

your?"

Chen Jialin can't help Populus euphratica if he stays in Yangcheng. It's better to go back to the deep sea to take charge of Nushi Technology.

However, Hu Yang was also a little surprised that Master Chen was so well-informed about the news. He had not gotten any information yet.

Chen Jialin stood up immediately, and then whispered the name of a manufacturer. This is a very small manufacturer, but it has always cooperated well with Nishite Technology.

After seeing off Chen Jialin, just after returning to the office, Lu Yali also called, talking about the same thing.

Although Lu Yali has completely quit the VCD industry now, she has been doing it for such a long time and her personal connections have not been broken.

"Mr. Hu, you have to handle this matter seriously. No matter whether you are in the VCD industry in the future or not, you still have to deal with the relevant departments. If you don't handle it well, it won't be good to be registered with others.

"

Lu Yali was a little worried, fearing that Populus euphratica might get burned if she didn't handle it well.

Hu Yang was also a little worried. Being interviewed by relevant departments was definitely not a good thing, so he had to take the initiative to resolve this passive situation.

"Well, I understand. Thank you for your concern, Sister Lu. I won't say much more. I will go back to Xijiang in a few days. We will talk when we meet."

Hu Yang hung up the phone and began to think about this so-called "VCD Alliance".

At that time and space, he did not pay much attention to this organization. He only remembered that this alliance was established by several companies such as Aido Electronics.

It seems that the problem still lies with Hu Debiao, Zeng Xiangqi and others.

"Are you so eager to take revenge?"

Although the goods for Populus euphratica were shipped through Xiangjiang Huijia Trading, they could not be hidden from the investigation of interested people. And the relationship between himself and Chen Jialin was also exposed to the broad daylight through a magical hoarding. After all, Huijia Holdings gave the stubborn

Shi Technology has invested 200 million in funds.

No one is a fool these days. If you want to obtain this information, no matter which aspect you start with, it is not too difficult.

There is no way to avoid this matter. I have made so much money, how can I not arouse the jealousy of others? Now, I can only try to see what I can do and take it one step at a time.

Within a few days, as expected, the relevant departments began to investigate Huijia Holdings' role in the price increase of VCD core components.

"Mr. Hu, you said this matter has nothing to do with you, then how do you explain that Nishite Technology has stockpiled 400,000 sets of VCD core components in advance?"

There were two people talking to Hu Yang, an older man in his early forties, and a younger man, less than thirty years old.

"I'm sorry, I am not a shareholder of Hard Rock Technology, nor am I involved in the business management of the company, so I cannot explain for Hard Rock Technology.

However, there are some things that I need to clarify. At that time, Mr. Chen Jialin came to me and said that he was afraid that core components would be tight during the New Year's Day and Spring Festival, so he wanted to prepare some goods in advance. However, due to the lack of funds in Hard Rock Technology, he borrowed money from me.

Two hundred million."

Hu Yang signed a cooperation agreement with Chen Jialin at that time, but this agreement will definitely not be released now. This was something he discussed with Chen Jialin in advance.

"Borrowing? Haha, Mr. Hu's words are a bit insincere, right? Let's see..." The one who spoke was the younger one. "Well, 400,000 sets of core components, Nishite Technology sold them at a high price.

Good guy, I made a profit of several hundred million. Here, you see, then Nishite Technology transferred 380 million to your Huijia Holdings. What is going on?"

It seems that they have also investigated very clearly, and there is evidence even of bank transactions.

"Oh, 200 million yuan is for repayment, and there is another 180 million yuan. Isn't this a premium for core components? Mr. Chen gave me the money. Let me tell you two, Nishite Technology has always been a VCD machine OEM.

Is it okay to have a certain number of VCD core components? Foreign upstream manufacturers have increased their prices, and this part of the inventory has been put on the market. Is it okay? I really don’t know what you want to investigate."

Hu Yang was really unhappy. He had been asking questions in circles for more than an hour. Is he still finished?

"you!"

The younger one wanted to have a seizure, but was held down by the older one.

"Let me tell the truth. Some manufacturers have complained that you engage in unfair competition and hoard goods to drive up prices. That's why we need to investigate. I hope you can cooperate."

The older man spoke very politely, but he still wanted to calm Populus euphratica.

"Hey, isn't it the vcd alliance that is behind the scenes? I know. Unfair competition? This word can't be applied to us. I just lent a sum of funds to Hard Rock Technology. Later, Hard Rock Technology made money and gave it to me.

It’s that simple. You two, I’m an investor and have self-funded transactions with many companies. Okay, if there’s nothing else, I’m leaving.”

Hu Yang felt that these two people were just pulling the wool over the eyes and wanted to give me eye drops, but I wouldn't wait for them.

With Hu Yang's stubbornness, it's really hard to deal with those two people. Their investigation this time was a little bit different, but they were just forced by the pressure of the VCD Alliance. Moreover, Huijia Holdings is very clean, and they are right.

They are just an investment company.

As for Hard Rock Technology, it is even more difficult. The company is a foreign-funded enterprise with two shareholders, one is a company in Xiangjiang, and the other is a company registered in the Cayman Islands.
Chapter completed!